$382,500
SOLD SEP 17, 2024

701 W Jackson Blvd Unit 103 Chicago, IL 60661

West Loop Neighborhood
2 Beds
1.5 Baths
1,537 Sq Ft
$515/mo HOA Fee

Recently Sold

$249 Per Sq Ft

2% Above List Price

38 Days on Market

Highlights

  • Rooftop Deck
  • 5-minute walk to Chicago Union Station
  • Wood Flooring
  • Skinner Elementary School Rated A-
  • Open Floorplan
  • 3-minute walk to Heritage Green Park

About This Home

As of September 2024

Rare duplex down timber loft in West Loop featuring 17' ceiling, hardwood floors throughout, a custom library, open-concept main living area, and a massive primary suite on the lower level. Imagine entering your future home with a foyer with direct access to a closet, powder room, and lower-level. Your foyer hallway opens up to a beautiful kitchen with stainless steel appliances, a breakfast bar, ample cabinet space, and easy access to your custom library. The intimate dining area with unique hanging fogged window partition is sure to be a conversation piece during your dinner parties. The charming living area boasts an exposed brick wall, cozy fireplace with mantel, and built-in shelving, and a huge floor to ceiling window. Create your personal oasis with a spacious primary suite peacefully located on the lower level featuring an oversized walk-in closet, a partial exposed brick wall, and room for seating & full dresser set. Semi-ensuite bath with two entrances, dual vanity, large mirror, and easy access to additional storage across the hallway. Enjoy a second well-sized bedroom with a large closet, built-in shelving, direct access to enclosed laundry, and positioned off of the semi-ensuite for convenience. Take advantage of the community roof deck with room for dining during summer months. Garage parking + 30K! Sought-after West Loop location within blocks of grocery stores (Mariano's, Whole Foods), fine dining, Union Station, Parks, gyms, 90/94 expressway, Chicago River, entertainment, and all that downtown Chicago offers. Don't miss your chance to make this your home!

Last Agent to Sell the Property

Joel Holland

Keller Williams ONEChicago License #471003611 Listed on: 06/19/2024

Keller Williams ONEChicago

Last Buyer's Agent

Susan Nemoy

Century 21 Circle License #475126812

Century 21 Circle

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,427

Year Built

  • Built in 1920

HOA Fees

  • $515 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Deeded Parking Sold Separately

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,537 Sq Ft Home
  • Open Floorplan
  • Beamed Ceilings
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Laundry closet
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Rooftop Deck
  • Additional Parcels

Community Details

Overview

  • Association fees include water, parking, insurance, tv/cable, exterior maintenance, lawn care, scavenger, internet
  • 46 Units
  • Denis Leonard Association
  • Mid-Rise Condominium
  • Property managed by ProInvest Management
  • 6-Story Property

Amenities

  • Sundeck
  • Elevator

Pet Policy

  • Pet Deposit Required
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,427

Year Built

Built in 1920

Lot Details

0

HOA Fees

$515 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo-Duplex,Mid Rise (4-6 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo-Duplex,Mid Rise (4-6 Stories)
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Walk-In Closet(s), Beamed Ceilings, Open Floorplan
  • LivingArea: 1537
  • Room Type: Foyer
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 1537
  • Basement Description: None
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 1537
  • Fireplace Location: Living Room
  • Total Sq Ft: 1537
  • Main Level Sq Ft: 695
  • Lower Level Sq Ft: 842

Exterior Features

  • ExteriorFeatures: Roof Deck
  • List Price: 375000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: No
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Detached
  • Parking: Garage
  • Deeded Garage Cost: 30000

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit, Laundry Closet
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Deposit Required, Dogs OK
  • Association Fee: 515
  • Association Amenities: Elevator(s), Sundeck
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: ProInvest Management
  • Management Contact Name: Denis Leonard
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Internet

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels Description: 17161090271241
  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 8427.46
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2024
Closed on
Aug 19, 2024
Sold by
Borodkin Alex
Bought by
Ludington Grovaire
Seller's Agent
Joel Holland
Keller Williams ONEChicago
Buyer's Agent
Susan Nemoy
Century 21 Circle
List Price
$375,000
Sold Price
$382,500
Premium/Discount to List
$7,500
2%
Views
42
Current Estimated Value
$413,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,784
Avg. Annual Appreciation
7.24%
Original Mortgage
$375,571
Outstanding Balance
$371,912
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$38,009

Purchase Details

Listed on
May 18, 2016
Closed on
Jul 22, 2016
Sold by
Ramirez John and Johnson Tricia
Bought by
Borodkin Alex
Seller's Agent
Fadi Matalka
Mark Allen Realty ERA Powered
Buyer's Agent
Peter Krzyzanowski
Keller Williams ONEChicago
List Price
$399,900
Sold Price
$412,500
Premium/Discount to List
$12,600
3.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.92%
Original Mortgage
$371,250
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2002
Sold by
Riley Ralph S and Riley Debra A
Bought by
Ramirez John and Riley Tricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,400
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 1999
Sold by
Schnepper James R and Crunk Timothy J
Bought by
Riley Ralph S and Riley Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.37%

Purchase Details

Closed on
Oct 24, 1997
Sold by
701 W Jackson Llc
Bought by
Schnepper James R and Crunk Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,300
Interest Rate
7.5%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $382,500 None Listed On Document
Warranty Deed $412,500 Attorneys Title Guaranty Fun
Interfamily Deed Transfer $273,000 Chicago Title Insurance Co
Warranty Deed $212,000 --
Warranty Deed $167,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $375,571 FHA
Previous Owner $371,250 New Conventional
Previous Owner $209,000 New Conventional
Previous Owner $25,000 Credit Line Revolving
Previous Owner $222,000 Unknown
Previous Owner $222,000 Unknown
Previous Owner $218,400 Purchase Money Mortgage
Previous Owner $19,600 Credit Line Revolving
Previous Owner $160,000 No Value Available
Previous Owner $133,300 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2024 09/17/24 Sold $382,500 +2.0% $249 / Sq Ft
07/28/2024 07/28/24 Pending -- -- --
06/19/2024 06/19/24 For Sale $375,000 0.0% $244 / Sq Ft
08/04/2020 08/04/20 Rented $2,650 -3.6% --
07/21/2020 07/21/20 Under Contract -- -- --
07/15/2020 07/15/20 For Rent $2,750 0.0% --
07/22/2016 07/22/16 Sold $412,500 +3.2% $274 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
05/18/2016 05/18/16 For Sale $399,900 -- $266 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,324 $36,450 $1,567 $34,883
2023 $7,140 $34,596 $859 $33,737
2022 $7,140 $34,596 $859 $33,737
2021 $6,980 $34,596 $859 $33,737
2020 $6,398 $28,626 $859 $27,767
2019 $6,315 $31,329 $859 $30,470
2018 $6,209 $31,329 $859 $30,470
2017 $5,657 $26,190 $758 $25,432
2016 $4,745 $26,190 $758 $25,432
2015 $4,319 $26,190 $758 $25,432
2014 $4,067 $24,490 $644 $23,846
2013 $3,976 $24,490 $644 $23,846
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12088445

Midwest Real Estate Data (MRED)

APN: 17-16-116-031-1003